Marathon Oil reports Q4 and full-year 2015 results
The financial highlights show an adjusted net loss of US$869 million, or US$1.28 per diluted share.
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The financial highlights show an adjusted net loss of US$869 million, or US$1.28 per diluted share.
Atlas Knowledge Group has reported robust financial results for 2014/15, with continued growth and further international expansion set to continue.
Kosmos Energy has been informed by Tullow Oil plc, operator of the Jubilee Unit, of a change to operating procedures on the Jubilee field Floating Production Storage and Offloading vessel.
"We are extremely pleased with the results from this vertical exploration well at Curamhuele and oil discovery in the Lower Agrio shale,” said Kevin Shaw, President and CEO of Madalena Energy.
ERHC Energy Inc. has issued the following update on exploration progress in Kenya Block 11A.
Statoil has agreed with OMV to acquire a 30% working interest in Petroleum Exploration Permit (PEP) 57073. This will further strengthen Statoil’s position in New Zealand.
The ship is to be built for China state-owned Shanghai Salvage Bureau (SSB), one of the largest professional salvage companies in China.
In Salah Gas, a joint venture between Sonatrach, BP and Statoil has announced the start up of its Southern Fields project.
James Fisher Offshore, part of James Fisher and Sons plc, has stated the signing of a cooperation agreement with Aquatic Engineering & Construction Ltd.
Transerv Energy has reported that testing operations at Warro-5 and Warro-6 continue.
Major oil producers (including Venezuela & Qatar) also agreed to freeze output at January 2016 levels.
Haugesund mayor Arne-Christian Mohn started the machine cutting the steel for the Johan Sverdrup drilling platform.